Today: 10 June 2026

Michał Rogucki

Indonesia Stocks Sink Again as Fitch Cut, MSCI Pressure Deepen Jakarta Market Rout

Indonesia Stocks Sink Again as Fitch Cut, MSCI Pressure Deepen Jakarta Market Rout

Indonesia’s benchmark stock index closed last week down 7.85% in market capitalization after Fitch cut the country’s credit outlook to negative. Foreign investors sold a net $415 million in equities by March 5. MSCI has warned Indonesia could lose emerging-market status if transparency issues persist. Finance Minister Purbaya Yudhi Sadewa pledged to keep the budget deficit below 3% of GDP.
7 March 2026
Korea Exchange Last Week: KOSPI Ends Down 11% After Record Crash, KOSDAQ Limits Damage

Korea Exchange Last Week: KOSPI Ends Down 11% After Record Crash, KOSDAQ Limits Damage

South Korea’s KOSPI plunged 12.06% on Wednesday, its worst one-day drop ever, before rebounding and closing Friday nearly flat, down 10.6% for the week. Samsung Electronics and SK Hynix each fell about 13% since Feb. 27. Foreign investors pulled a record $13.67 billion from Korean stocks in February. President Lee Jae Myung ordered a $68 billion market-stabilisation fund as officials prepared further emergency measures.
7 March 2026
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Australian Securities Exchange Weekly Wrap: ASX 200 Sheds A$130 Billion as Middle East War and Rate Risks Rattle Stocks

Australian Securities Exchange Weekly Wrap: ASX 200 Sheds A$130 Billion as Middle East War and Rate Risks Rattle Stocks

Australian shares lost 3.8% last week, erasing about A$130 billion in value as the Middle East conflict rattled markets. Miners fell 4.1%, gold miners 4.3%, while energy stocks rose 0.2% on surging oil prices. The Reserve Bank of Australia signaled a “live meeting” for March 17 as inflation risks mount. Economic growth beat forecasts, rising 0.8% in Q4.
7 March 2026
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Taiwan stocks’ wild week: TAIEX posts sharp loss as war-driven oil shock batters chip bellwethers

Taiwan stocks’ wild week: TAIEX posts sharp loss as war-driven oil shock batters chip bellwethers

Taiwan’s TAIEX fell 1,814.95 points this week, closing at 33,599.54 after a midweek plunge and rebound failed to hold. Foreign investors sold a net NT$96.47 billion on Wednesday, the third-largest daily outflow on record, as TSMC dropped 3.62% and the Taiwan dollar hit a 10-month low. Turnover shrank Friday as the market slipped 0.22%.
7 March 2026
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FTSE 100 reels from worst week in a year as oil shock hits London stocks

FTSE 100 reels from worst week in a year as oil shock hits London stocks

The FTSE 100 dropped 5.7% this week, its sharpest fall since April 2025, as oil surged above $90 a barrel and traders slashed UK rate-cut bets. Energy and defence shares held firm, but airlines and miners tumbled. The FTSE 250 lost 0.8% on Friday. Money markets now see little chance of a March Bank of England cut.
7 March 2026
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Shanghai Stock Exchange Weekly Wrap: 10-Year High Fades as Iran Risk, Muted China Policy Signals Hit Stocks

Shanghai Stock Exchange Weekly Wrap: 10-Year High Fades as Iran Risk, Muted China Policy Signals Hit Stocks

Shanghai shares closed at 4,124.19 on Friday, down 0.9% for the week after hitting a 10-year high Monday amid geopolitical tensions. The CSI300 fell 1.1% for the week, while Hong Kong’s Hang Seng dropped 3.3%. Beijing set a 2026 growth target of 4.5%-5% and announced new AI and technology initiatives during its annual parliament session.
7 March 2026
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Last Week on Shenzhen Stock Exchange: ChiNext Reform Push Fails to Halt Weekly Slide

Last Week on Shenzhen Stock Exchange: ChiNext Reform Push Fails to Halt Weekly Slide

China announced new listing standards for Shenzhen’s ChiNext board and pledged support for innovative firms, but the Shenzhen Component still fell 2.2% for the week. The Shanghai Composite dropped 0.9% in the same period. Turnover across Shanghai and Shenzhen slipped to 2.2 trillion yuan on Friday. Shenzhen-listed companies continued to seek capital in Hong Kong amid market volatility.
7 March 2026
Mesoblast Limited shares rise as Ryoncil launch puts $120 million sales target in play

Mesoblast Limited shares rise as Ryoncil launch puts $120 million sales target in play

Mesoblast shares rose 3% in early U.S. trading Friday after the company reported first-half revenue of $51.3 million, up from $3.2 million a year earlier, driven by Ryoncil sales. The company set a fiscal 2026 net revenue target of $110–$120 million for Ryoncil and said 49 transplant centers have been onboarded. Cash stood at $130 million as of Dec. 31. An adult trial for Ryoncil is expected to begin after ethics approval in March.
6 March 2026
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MakeMyTrip to Buy Flamingo Transworld Stake as India Holiday Package Travel Grows

MakeMyTrip to Buy Flamingo Transworld Stake as India Holiday Package Travel Grows

MakeMyTrip said Thursday it will acquire a majority stake in Flamingo Transworld, a regional tour operator, with no price disclosed and deal closing pending. Flamingo operates mainly in Gujarat, Maharashtra, Rajasthan, and Madhya Pradesh through 51 offices. MakeMyTrip’s hotels and packages revenue rose 9.7% last quarter to $161.4 million, while air ticketing fell. Net profit for the quarter dropped to $7.3 million from $27.1 million.
6 March 2026
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Netskope Inc rolls out AI Guardrails ahead of March 11 earnings as enterprise AI security race heats up

Netskope Inc rolls out AI Guardrails ahead of March 11 earnings as enterprise AI security race heats up

Netskope announced general availability of its AI Guardrails product ahead of its March 11 AI launch event and earnings report. The company is targeting businesses seeking to control employee use of generative AI amid rising data breaches. Netskope also rolled out NewEdge AI Fast Path and a healthcare integration with Imprivata. The firm raised $908.2 million in its September IPO and competes with Zscaler, Cisco, and Palo Alto Networks.
6 March 2026
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Okta Stock Jumps After Q4 Beat, but Slowest Growth Forecast Since IPO Still Looms

Okta Stock Jumps After Q4 Beat, but Slowest Growth Forecast Since IPO Still Looms

Okta reported quarterly revenue of $761 million, up 11%, and adjusted profit of 90 cents per share, both above analyst forecasts. Shares rose $7.99 to $79.65 after the company credited new products for higher demand. Okta projected 9% revenue growth for the current quarter, the slowest since its 2017 debut, and guided for similar growth in fiscal 2027. Subscription backlog reached $4.827 billion, up 15%.
6 March 2026
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UniFirst Corporation Stock Jumps After Report Says Cintas Is Nearing a Deal Above $275 a Share

UniFirst Corporation Stock Jumps After Report Says Cintas Is Nearing a Deal Above $275 a Share

Cintas is in advanced talks to acquire UniFirst for over $275 a share, or about $5.2 billion, Bloomberg Law reported. UniFirst stock jumped 13.6% in premarket trading Friday. The companies have negotiated on and off since 2022, with Cintas’ latest offer representing a 64% premium. Any deal would require a contract, shareholder approval, and could face antitrust scrutiny.
6 March 2026
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Robinhood Markets cuts RVI IPO size as premium card push targets wealthier investors

Robinhood Markets cuts RVI IPO size as premium card push targets wealthier investors

Robinhood priced its Robinhood Ventures Fund I IPO at 12.6 million shares for $25 each, far below the 40 million-share plan announced last month. The fund will raise up to $705.7 million if underwriters exercise their option. Shares will trade on the NYSE under the symbol RVI starting Friday. Robinhood warned in filings that the fund may hold illiquid assets and could trade below net asset value.
6 March 2026
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Tango Therapeutics stock jumps 36% after Q4 results, Erasca cancer trial pact

Tango Therapeutics stock jumps 36% after Q4 results, Erasca cancer trial pact

Tango Therapeutics shares rose 36% after announcing a collaboration with Erasca to test vopimetostat in pancreatic and lung cancers. The company reported a fourth-quarter net loss of $38.7 million and cash reserves of $343.1 million. Tango plans to start a pivotal pancreatic cancer trial in 2026 and released early efficacy data from ongoing studies.
6 March 2026
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Kenvue exec stock grants land as Kimberly-Clark deal drags on

Kenvue exec stock grants land as Kimberly-Clark deal drags on

Kenvue awarded new restricted stock units to senior executives, including 127,051 units to North America head Carlos De Jesus and 122,286 to general counsel Matthew Orlando, according to SEC filings this week. The grants come as Kenvue awaits regulatory clearance for its $40 billion sale to Kimberly-Clark. Kenvue shares were up 0.3% at $18.25 in early U.S. trading Friday.
6 March 2026
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Stock Market Today

  • Sensex and Nifty Close Flat Amid Late Selling; Metals Sector Leads Losses
    June 10, 2026, 7:48 AM EDT. Indian equity benchmarks Sensex and Nifty ended flat on June 10, as late-session profit-booking erased earlier gains. The Sensex closed up 0.09% at 73,983.18, while the Nifty fell 0.12% to 23,214.95. Broad-based selling pressured most sectors except FMCG and private banks, with metals, energy, oil & gas, and PSU banks among the losers. The rupee appreciated marginally to close at 95.27 against the dollar. Notable stock moves included Hinduja Global Solutions surging 11% and Clean Max Enviro Energy rising 10%. Initial public offering debutant CMR Green Technologies jumped 28% above its issue price. Technical analysts warn of continued selling pressure near the 23,400 level, indicating a weak broader trend and Nifty trading below its 20-day moving average.

Latest articles

Archer Aviation Stock Falls After ARK Sale as ACHR Bulls Face Fresh eVTOL Test

Archer Aviation Stock Falls After ARK Sale as ACHR Bulls Face Fresh eVTOL Test

10 June 2026
Archer Aviation plunged 7.16% to $5.32 after ARK Invest dumped over 2.2 million shares across three ETFs, intensifying pressure on a stock already sensitive to funding and FAA certification risks; shares traded at $5.19 premarket as investors weighed cash burn, ongoing losses, and the urgent need for operational milestones before capital runs thin.
Tesla Drops Pre-Market as SpaceX IPO Buzz Puts Pressure on Musk Plays

Tesla Drops Pre-Market as SpaceX IPO Buzz Puts Pressure on Musk Plays

10 June 2026
Tesla slid 3% to $396.68 Tuesday and dropped another 1.26% premarket as SpaceX’s record $75 billion IPO, with over $250 billion in demand, gives investors a new Musk-linked bet, raising fears capital will rotate out of Tesla and other high-growth tech stocks just as Tesla’s next phase relies on heavy AI and robotaxi spending.
Coupang (CPNG) Gains Ahead of South Korea Privacy Fine Ruling

Coupang (CPNG) Gains Ahead of South Korea Privacy Fine Ruling

10 June 2026
Coupang shares jumped 4.68% to $15.90 as investors await a South Korean privacy ruling that could fine the company up to 1.36 trillion won over a breach affecting 33 million records; the commission’s decision, expected as soon as Thursday, will determine the true financial impact and next move for the stock.
Apple Shares Slip After WWDC, Siri AI Plans Leave Upgrade Path Unclear

Apple Shares Slip After WWDC, Siri AI Plans Leave Upgrade Path Unclear

10 June 2026
Apple shares fell $11.01 to $290.55 after WWDC as investors reacted to Siri AI’s delayed, English-only beta launch, strict device limits, and lack of immediate iPhone demand boost, with Morgan Stanley warning over 1.3 billion iPhones can’t access advanced features and regional rollout hurdles in the EU and China raising doubts about a global upgrade cycle.
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